retrenchment


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re·trench·ment

(rē-trench'ment),
The cutting away of superfluous tissue.
[F. re-, back, + trancher, to cut]

re·trench·ment

(rē-trench'mĕnt)
The cutting away of superfluous tissue.
[F. re-, back, + trancher, to cut]

retrenchment

[Fr. retrenchier, to cut back]
1. A budgetary reduction; a cutback in the amount of funds allocated for a purpose.
2. A procedure used in plastic surgery to remove excess tissue.
References in periodicals archive ?
According to multiple sources, the retrenchment will take place in be two phases from February.
Low oil prices and fiscal retrenchment are also affecting the private sector, further reducing domestic lending opportunities.
How would an American military retrenchment affect geopolitical outcomes and alignments in key regions?
By retrenchment we mean measures which aim to reduce expenditure while remaining within the broad parameters of the inherited system; by reform, we mean large-scale redesign of benefits.
I think we have done well because in Zimbabwe we still have the lowest inflation in the region right now - at less than three percent - but our retrenchment exercise affected our earnings," he added.
The Mineworkers Union of Namibia (MUN)'s branch representative at Rossing Uranium, Ismael Kasuto could not shed more details on how the retrenchment exercise was progressing.
If an alternative strategy is adopted, however, the risk is that the government loses its credibility with regard to serious fiscal retrenchment, interest rates might rise (though some question whether this really matters), and the debt to GDP ratio would rise further and stay higher for longer.
The ratings agency said the European banks' retrenchment from the region has been prompted by the ongoing euro area debt crisis and their need to deleverage and build up capital buffers.
ISLAMABAD, April 11, 2011 (Balochistan Times): On the call of Pakistan Federal Union of Journalists, the Rawalpindi Islamabad Union of Journalists (RIUJ) will hold a demonstration on Monday in front of the Parliament House to protest the non- implementation of 7th Wage Award, target killing of media persons, non-payment of salaries and illegal retrenchment of news workers from newspapers and news channels.
A major challenge for PNG mining companies is how to effectively formulate, implement, plan and administer a workable retrenchment programme that is consistent with sustainable development objectives.
4 (ANI): Union Minister of State for Civil Aviation Praful Patel on Tuesday said that there was no plan of retrenchment and early retirement scheme for the civil aviation sector employees.
He also explained clearly that retrenchment for some workers is unavoidable and that fair compensation would be given.